PSX ends 135 points higher amid volatile trading

The index finally closed higher by 135.42 points at 47,137.77.

KARACHI: Another round of volatility continued at the Pakistan Stock Exchange (PSX) on Tuesday, as the indices that headed towards the south took a U-turn in the afternoon session to close the day in green.

The benchmark KSE-100 index recorded its day’s low of 46,986.47. It then recovered in the second half and touched an intraday high of 47,508.77. The index finally closed higher by 135.42 points at 47,137.77.

The KMI 30 index lost 192.93 points (-0.25) to close at 76,287.22, while the KSE All Share index gained 61.54 points, ending at 32,253.12.

A total of 580,766,245 shares were traded during the day whereas the price of shares stood at Rs17.166 billion. As many as 406 companies transacted shares in the stock market, 248 of them recorded gain and 131 sustained losses whereas the share price of 27 companies remained unchanged.

The three top traded companies were Silk Bank Ltd with a volume of 69,193,500 shares and price per share of Rs1.89, Hascol Petrol with a volume of 66,247,955 and price per share of Rs9.70 and WorldCall Telecom with volume of 55,687,000 and price per share of Rs3.81.

Rafhan Maize witnessed maximum increase of Rs390 per share, closing at Rs9790 whereas Pak Tobacco was runner up, share prices of which increased by Rs49.22, closing at Rs1277.75.